Dreams of homeownership can become a reality with Asset Depletion Loans.
This type of mortgage is ideal for individuals who cannot demonstrate income documentation but have access to assets.
Borrowers get to retain their assets, including cash, retirement funds, and investments. Lenders verify assets and calculate to verify mortgage payments and related expenses can be met. They consider alternate assets vs. employment, or other income.
The Savvy Mortgage team is well-versed in these types of loans and can offer you their expert guidance about all factors you should consider. They will make sure you have all the information to decide which is the right approach to home ownership for you.
What You Can Expect as a Savvy Client:
Eileen, Tracie, and their team will work with you to help you identify the right loan for your needs.
Throughout the process you’ll receive the excellent customer service and support Savvy is known for.
Savvy will be by your side, guiding you every step of the way:
- Complete our simple loan qualifier survey
- We’ll send you customized information about your best options
- We’ll work with you to compare mortgage terms and rates to find the right one for you